Author Archive

Distressed Sales Still on the Downtrend: 11 Percent of Sales in June 2014

With rising home values and fewer foreclosures, the share of distressed sales to total residential sales continues to be on the downtrend, according to the June 2014 REALTORS® Confidence Index. Distressed sales accounted for 11 percent of sales in...

Unemployment Insurance Claims Fall to Lowest Levels since 2006

Initial claims for unemployment insurance filed under the regular state programs during the week ending July 19 fell 284,000—the lowest level since 2006[1]. The 4-week moving average also dipped to its lowest level since 2007[2] to 302,000 claims. Initial...

REALTORS® Price Expectations by State in Next 12 Months, Based on May 2014 REALTOR® Survey

REALTORS® generally expect home prices to increase in all states and the District of Columbia over the next 12 months, according to the May 2014 REALTORS® Confidence Index. The median expected price increase is 4.0 percent (same as in...

Investors and International Buyers More Likely to Pay Cash

Approximately 32 percent of respondents reported cash sales in May (same as in April), according to the May 2014 REALTORS® Confidence Index [1]. A substantial number of move-up buyers, investors, buyers of second homes, and foreign clients are likely to...

U.S. Cities Where Brazilians Looked for a Home in 2013

Which U.S. cities are of greatest interest to Brazilians searching for a house? NAR economists have created a City Search Index (CSI) ranking U.S. cities where Brazilians looked for a property in 2013. Topping the list for Brazilians seeking...